Historic Hamilton Hill home Cremorne sells

The historic hillside Brisbane home, Cremorne at Hamilton has been sold by Fone Zone co-founder David McMahon and wife Tracey, following their move to Aspen, Colorado.

The Mullens Street home on its 2400 square metre block fetched $5,975,000 when auctioned through Sarah Hackett at Place Estate Agents.

The couple, who paid $6,625,000 in 2015, were only the third owners.

Cremorne, built by a publican, James O'Connor in 1905, sold to the Gunn cattle farming family descendants, Galen and Lynda Gunn..

Galen Gunn is the director of Hawcs, an aerial surveying company that servicespowerlines and utility providers. Their Brisbane move was prompted by schooling opportunities for their two sons.

Designed by architects Eaton and Bates, it comes with a new pavilion extension by BVN Donovan Hill, crafted from imported French zinc and featuring floor to ceilings glass, that received the 2009 Queensland division Australian Institute of Architects Award for residential architecture.